Cyber Regulation Could Be Coming Following Spate of Hacks, Ransomware Attacks
The United States may soon look to regulate private companies, mandating higher standards for cybersecurity following a series of damaging hacks and ransomware attacks against key firms and critical infrastructure.U.S. President Joe Biden’s nominees to fill two top cyber roles in his administration warned Thursday that malign actors are currently operating with impunity and that too many private sector organizations have, so far, failed to take the necessary precautions.FILE – In this June 8, 2013 photo, Chris Inglis, then deputy director of the National Security Agency testifies on Capitol Hill. …